Cristiano Ronaldo agrees new five year deal at Real Madrid

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Cristiano Ronaldo has signed a lucrative five-year extension to his Real Madrid contract.

Story highlights

Cristiano Ronaldo agrees new five year deal at Real Madrid

'I hope to retire here' says Portuguese star

Ronaldo has been joined at Real by Gareth Bale

Bale succeeded Ronaldo as world's most expensive player

Cristiano Ronaldo pledged his future to Real Madrid as he signed a new five-year deal Sunday which ties him to the Spanish giants until 2018.

The Portuguese international will reportedly become the highest paid footballer in the world but the club did not give details in making the official announcement.

Ronaldo, who had been linked with a return to the English Premier League with his former club Manchester United, revealed a verbal agreement had been in place with Real Madrid since the end of last season.